Capital One Venture or Chase Freedom: Which Card Is Right for You?

The Capital One Venture Rewards card and Chase Freedom card have plenty of perks. Here's how they compare.

[Disclosure: Cards from our partners are mentioned below.]

Both the Capital One Venture Rewards card and the Chase Freedom card are major players in the rewards credit card space. They both offer cardholders value, but are also considerably different. The Capital One Venture card offers flexible rewards that can be used on travel, while the Chase Freedom card is primarily a cash-back card.

Comparing the Rewards Programs

When you sign up for the Chase Freedom card, you receive a $150 bonus after spending $500 in the first three months. You can also earn an additional $25 if you add an authorized user who makes a purchase within the same three-month period. Each quarter you can earn 5% cash back, on up to $1,500 within different rotating categories. One quarter the category could be gas stations and department stores while the next quarter it could be grocery stores and public transportation. All other purchases earn 1% back.

In contrast, you earn 40,000 miles after signing up and spending $3,000 in the first three months with the Capital One Venture Rewards card. You also receive an unlimited two miles per dollar on every purchase you make. There are no bonus categories to remember because you receive the same value on each purchase.

Redeeming Your Rewards

Redemptions can be done in a couple of ways when you have the Chase Freedom card. You can receive a statement credit or direct deposit into a checking or savings account. You can also use your rewards to shop on Amazon.com or to book travel through Chase Ultimate Rewards. You can also redeem rewards for gift cards. Another popular option is to transfer rewards into Chase Ultimate Reward points. This can only be done if you also have another card that earns Ultimate Reward points, like the Chase Sapphire Preferred, Sapphire Reserve or a business card like the Ink Preferred. Once you have Ultimate Reward points, these can be transferred to different loyalty partners like Hyatt, United Airlines, Southwest Airlines and more. (You can read more about redeeming Chase Ultimate Rewards points here.)

Redeeming your miles from the Capital One Venture Rewards card is simple. Each mile you earn is worth one cent. That means the signup bonus would have a value of $400. The miles you earn can be cashed out as a statement credit toward any travel expense making this a really simple, straight-forward system.

Additional Perks

Chase offers price protection, which will reimburse you if the price on an item you purchase decrease within 120 days. You also receive an extended warranty on your purchases from both cards.

Because the Capital One Venture Rewards card is a Visa Signature card, you also receive other benefits like car rental insurance, lost luggage reimbursement, and 24/7 concierge service both at home and when you are traveling. When you use your card to book hotel rooms, you can receive complimentary room upgrades and other hotel savings.

How the Fees Stack Up

One of the best parts of the Chase Freedom card is that you receive these rewards and benefits without paying an annual fee. The card also has an introductory 0% APR for 15 months on purchases and balance transfers. After the introductory period ends the rate changes to a variable 15.74% to 24.74%. If you plan on traveling outside of the United States, there will be a 3% foreign transaction fee.

With the Capital One Venture Rewards card, you will not pay an annual fee the first year. However, each subsequent year there will be a fee of $59. You also will not receive an introductory 0% APR period. The standard rate on purchases is a variable 13.74%, 18.74 or 23.74%, depending on creditworthiness. There are no foreign transaction fees.

Why You Might Choose the Chase Freedom Card

The Chase Freedom card has been one of the best cash-back cards for a long time. Earning up to 5% back is an attractive feature. Because there is some work involved, this card is perfect for anyone that doesn’t mind keeping track of bonus categories. Chase also requires cardholders to opt into the bonus categories each quarter, which means you need be proactive. However, if you are looking for a card that offers generous cash back and no annual fee, you can’t go wrong with the Chase Freedom card.

Why You Might Choose the Capital One Venture Rewards Card

Anyone looking for a travel rewards credit card, but doesn’t have the time or desire to keep track of spending within categories, will love the Capital One Venture Reward card. Not only will you earn a generous signup bonus, but you also earn flat rate rewards on every purchase. It can’t get much simpler. Though you will have an annual fee of $59 after the first year, the card is perfect for anyone who travels internationally because there are no foreign transaction fees.

Before You Apply …

Regardless of the card you choose, be sure to check your credit before applying. You may be rejected if your credit scores aren’t good enough for you to qualify. You can get two free credit scores and a credit snapshot at Credit.com to keep track of how you’re doing.

At publishing time, the Chase Freedom card and Capital One Venture Rewards card are offered through Credit.com product pages, and Credit.com is compensated if our users apply and ultimately sign up for this card. However, this relationship does not result in any preferential editorial treatment. This content is not provided by the card issuer(s). Any opinions expressed are those of Credit.com alone, and have not been reviewed, approved or otherwise endorsed by the issuer(s).

Note: It’s important to remember that interest rates, fees and terms for credit cards, loans and other financial products frequently change. As a result, rates, fees and terms for credit cards, loans and other financial products cited in these articles may have changed since the date of publication. Please be sure to verify current rates, fees and terms with credit card issuers, banks or other financial institutions directly.

Image: andresr

The post Capital One Venture or Chase Freedom: Which Card Is Right for You? appeared first on Credit.com.

7 Hacks for Using American Express’ Membership Rewards Program

Here's how to make the most of your Membership Rewards.

[Disclosure: Our partners are mentioned below.]

There are a few different transferable points programs available, but over the years one of the most popular has always been American Express’ Membership Rewards program. The reason is because of the ample ways points can be used and the wide selection of credit cards that can help you earn points quickly. Let’s take a deeper look into how you can earn Membership Rewards points and the different ways you can receive ultimate value.

1. Transfer Points to Loyalty Partners

One of the best ways to receive maximum value for your Membership Rewards points is to transfer them to one of the many loyalty partners. There is a large selection of both hotels and airlines and each of the following partners will transfer 1-to-1 unless noted.

  • Aeromexico — 1-to-1.6
  • Air Canada (Aeroplan)
  • Air France/KLM (Flying Blue)
  • Alitalia
  • All Nippon Airways
  • Asia Miles
  • British Airways — 250-to-200
  • Delta Air Lines
  • El Al Israel Airlines — 1,000-to-20
  • Emirates
  • Etihad Airways
  • Hawaiian Airlines
  • Iberia Plus — 250-to-200
  • JetBlue Airways — 250-to-200
  • Singapore Airlines
  • Virgin America — 200-to-100
  • Virgin Atlantic Airways
  • Choice Hotels
  • Hilton Hotels — 1-to-1.5
  • Starwood Hotels — 1,000-to-333

To get the most value out of each point, you could use them for one of the following redemptions.

All Nippon Airways From the United States to Japan

Until recently, the All Nippon Airways award chart was based on distances. That used to provide many sweet spots for award travel. Even though they have changed to a region based award chart, there are still some great deals. One of them is round-trip flights from the United States to Japan. You can fly round-trip in coach for just 40,000 miles during low season and business class for 75,000 miles, also in the low season.

All Nippon Airways From the United States to Asia Zone 2

You could use All Nippon Airways miles to fly round-trip from the United States to Asia Zone 2 for just 55,000 in coach or 100,000 in business class. Asia Zone 2 is classified as Vietnam, Singapore, Thailand, Myanmar, India, Indonesia and Malaysia.

Flying Blue From the Continental United States to Hawaii

A great use of Flying Blue miles is to fly round-trip from anywhere in the continental United States to Hawaii for just 30,000 miles.

Aeroplan From the United States to Oceania

Transferring Membership Award points to Aeroplan will allow you to use 90,000 miles to fly round-trip from the United States to Australia, New Zealand or anywhere in the South Pacific. You could make this trip for 80,000 United miles, but what makes using Aeroplan miles worth it is that they will allow you to make two stopovers before reaching your destination. That means you could fly to Tahiti and make stops in both Australia and New Zealand on the way.

British Airways From Miami to Lima, Peru

If hiking to Machu Picchu is on your bucket list, you might want to consider flying British Airways from Miami to Lima, Peru. Because British Airways has a distance-based award chart, the flight in coach is just 12,500 miles each way.

2. Buy Gift Cards

Another way to use your Membership Rewards is to receive gift cards from different restaurants, retailers and for travel. The value you receive will be anywhere from a half-cent to one cent per point.

3. Go Shopping

You could also use your points to shop online with certain retailers. Amazon.com, Bestbuy.com and Newegg.com offer 0.7 cents per point. Other partner retailers give you a half-cent per point in value.

4. Use American Express Travel or Airbnb

There are a few different ways you can use your points on travel beyond transferring them to partners. You can book airfare on American Express Travel for one cent per point. You could also book with Airbnb for 0.7 cents per point.

5. Enjoy Entertainment

If you want to redeem your points for concert tickets or for a Broadway show you can do so through Ticketmaster.com, AXS and Telecharge.com. The value is a half-cent per point.

6. Ride With Uber

You could also use your Membership Reward points to pay for Uber rides. You will receive one cent value per point used.

7. Get a Statement Credit

Finally, you could choose to use your points to receive a statement credit. However, by doing this, you will only receive 0.6 cents value per point.

Cards That Earn Membership Rewards Points

There are quite a few different credit cards that give you the opportunity to earn Membership Rewards points. Below you will find a few of our favorite cards.

Platinum Card from American Express

The Platinum Card from American Express has been one of the elite cards available for a few years. When you sign up you will receive 60,000 Membership Reward points after spending $5,000 in the first three months. You can then receive five points per dollar spent on flights and hotels when booked through the airline and by using American Express Travel. All other purchases will receive one point per dollar.

Earlier this year, the annual fee on the Platinum card increased from $450 to $550. This will put the card out of reach for many people. But before you discard the idea of adding it to your wallet, you should consider the travel benefits. Not only will you receive a $200 airline fee credit, which will pay for things like change fees or baggage fees, you also receive a $200 Uber credit. You will receive up to a $100 statement credit to cover the cost of either Global Entry or TSA PreCheck. In addition, you will receive Starwood Preferred Guest and Hilton Honors Gold status. Plus, the next time you travel, it will be in comfort. You will have access to the Delta Sky Club, Centurion Lounges, Airspace Lounges and a Priority Pass Select membership.

Premier Rewards Gold Card from American Express

Another of the elite cards from American Express is the Premier Rewards Gold Card. When you sign up for this card, you receive 25,000 Membership Reward points after spending $2,000 in the first three months. You receive three points per dollar spent on any airfare purchased directly with airlines. You also receive two points per dollar spent at U.S. restaurants, gas stations and supermarkets. All other purchases will earn one point per dollar. There is a $195 annual fee, but it’s waived the first year. Other than the earnings potential, the other benefits can make the annual fee worthwhile to travelers. Each year you receive a $100 airline fee credit. You also receive two points per dollar when you book a hotel through the Hotel Collection. Plus, you receive a $75 hotel credit for qualifying charges.

Amex EveryDay Preferred

When you sign up for the Amex EveryDay Preferred card you receive 10,000 Membership Reward points after spending $1,000 in the first three months. When you use the card at U.S. supermarkets, you receive two points per dollar, on up to $6,000 in purchases each year, and one point per dollar on everything else. Also, if you use your card 20 or more times on purchases in a single billing period you’ll earn 20% extra points on those purchases minus returns and credits. Terms and limitations apply.

At the time of this writing, the EveryDay Preferred also offers a 0% introductory APR on purchases and balance transfers for 12 months. After that, your APR will be a variable 13.74% to 23.74%, based on your creditworthiness and other factors. This card has an annual fee of $95.

If you don’t already have one of these cards keep in mind you’ll need excellent credit to qualify. You can see where your credit stands by getting your two free credit scores right here on Credit.com.

Image: AleksandarNakic

At publishing time, the Platinum Card from American Express, Premier Rewards Gold Card from American Express and Amex EveryDay Preferred card are offered through Credit.com product pages, and Credit.com is compensated if our users apply and ultimately sign up for this card. However, this relationship does not result in any preferential editorial treatment. This content is not provided by the card issuer(s). Any opinions expressed are those of Credit.com alone, and have not been reviewed, approved or otherwise endorsed by the issuer(s).

The post 7 Hacks for Using American Express’ Membership Rewards Program appeared first on Credit.com.

4 Hacks for Using the Capital One Venture Miles Program

The Capital One Ventures Miles program has some of the most flexible rewards out there. Here's how to take advantage.

Over the past decade, Capital One Venture cards have become popular for a few reasons. Not only have they brought on several A-list celebrities to become the face of the program, but Capital One Venture rewards are also some of the most flexible travel rewards available. Even though the Capital One Venture program might have become a household name, not everyone understands exactly how to use the rewards they earn. Let’s take a deeper look into the ways that you can hack as much value as possible out of your Capital One Venture rewards.

1. Booking Travel

One way you can use your Capital One Venture miles is to book travel through the Capital One website. Each mile converts to one cent in value. Booking is extremely simple through the website. You can use your miles to book airline reservations, hotels, car rentals or vacation packages. However, it’s important to keep in mind that you are required to have the full amount of miles needed for your reservation. You are not allowed to partially pay with miles and cover the rest with cash.

2. Purchase Eraser

If you prefer to book your travel plans elsewhere you can do so and use Capital One’s Purchase Eraser. This allows you to use the miles you have earned to offset travel expenses and by receiving a statement credit. You will simply log into your online account and if a purchase is coded as travel, you can apply your miles. By redeeming your rewards this way you will also receive a value of one cent per mile. What is great about using Purchase Eraser instead of just booking travel with your miles, is that partial rewards are allowed. You might have booked a $200 hotel room, but you can redeem as little as $25 worth of rewards.

3. Gift Cards

If you’re not interested in redeeming your miles for travel, you can also cash them in for gift cards. Gift cards are available for a large selection of retailers including Bath and Body Works, AMC Theaters and Best Buy. Most of these come with redemptions amounts of $25, $50 or $100, however, a few are as low as $10. There will be a value of one cent per mile, which means there is a minimum of 1,000 miles needed.

4. Cash Back

The method that offers the worst value is to redeem miles for cash back. There is no minimum for the number of miles needed to redeem, however you will only receive a value of a half cent per mile. You will be able to receive either a check or statement credit.

Cards That Earn Capital One Venture Miles

Now it’s time to look at cards that allow you to earn Capital One Venture Miles. There are just two:

Capital One Venture Rewards Card

When you sign up for the Capital One Venture Rewards card, you receive 40,000 miles after spending $3,000 within the first three months. You can then earn two miles per dollar on every purchase you make with the card. There is no need to remember different bonus or rotating categories. This card comes with no foreign transaction fees, but has a $59 annual fee, which is waived the first year. The APR is a variable 13.74%, 18.74% or 23.74%, depending on your credit standing.

Capital One VentureOne Rewards Card

The Capital One VentureOne Rewards card is slightly different. This card has no annual fee, but also has slightly lower earning potential. When you sign up you receive 20,000 miles after spending $1,000 within the first three months. You can then earn 1.25 miles per dollar on every purchase. If you travel outside the United States, this card charges no foreign transaction fees. Plus, if you plan to make a large purchase, the Capital One VentureOne card offers an introductory 0% APR for the first 12 months on purchases. Afterward, it rises to a variable 12.74%, 17.74% or 22.74%, based on creditworthiness.

Not sure which is the right choice for you? Learn more about how they compare here.

Qualifying for either card will require excellent credit. To see where you stand, you can check two of your scores free on Credit.com.

Image: wundervisuals 

At publishing time, the Capital One Venture Rewards and Capital One VentureOne Rewards cards are offered through Credit.com product pages, and Credit.com is compensated if our users apply and ultimately sign up for this card. However, this relationship does not result in any preferential editorial treatment. This content is not provided by the card issuer(s). Any opinions expressed are those of Credit.com alone, and have not been reviewed, approved or otherwise endorsed by the issuer(s).

The post 4 Hacks for Using the Capital One Venture Miles Program appeared first on Credit.com.

Can I Pay My Taxes With a Credit Card?

Tax season is upon us, and many people are discovering they owe money to the Internal Revenue Service (IRS). (Still haven’t filed? You may want to read these 50 things to know if you haven’t done your taxes yet.)

This year, you have until April 18 to figure out how to pay taxes — April 15 falls on a Saturday, so taxes aren’t officially due until the following Tuesday. While there really isn’t a way to lower your tax bill at this point, although proper planning could lower it for next year, you may be wondering if you charge the bill to your credit card.

The short answer is yes, you can pay your taxes with a credit card. In fact, doing so may actually benefit you, if you’re using a rewards card. But there’s a lot to consider before doing you go this route.

Should You Use a Credit Card to Pay Your Taxes?

The answer here is maybe. If you have the means to pay your taxes in cash but are looking to earn some rewards, then a big tax bill is certainly a good opportunity to do that (assuming you pay the card off in full and don’t lose rewards to interest fees — more on that in a bit). But if you’re considering using your credit card to pay your taxes simply because you can’t afford them right now, the more prudent financial decision is very likely to talk to the IRS about a payment plan. Whatever you do, don’t avoid paying your taxes. It can have lasting ramifications for your finances, including your credit. You can see how your financial choices are affecting your credit by taking a look at your two free credit scores, updated every 14 days, on Credit.com.

Remember: There Are Fees

The IRS is contracted with three different companies to collect payments. These companies impose convenience fees that range from 1.87% to 2%. (You can read more about how to pay your taxes with a credit card here.) In order to profit by paying your taxes with a credit card, you have to earn more than the fees they are charging you.

There are a lot of rewards cards out there that offer 1.5% to 2% cash back on purchases.  But if you’re paying 1.87% and earning 2% you aren’t profiting much (on a $5,000 tax bill, you earn $6.50).

Paying With an Existing Card

If you don’t want a new card, or think you won’t qualify for a rewards card, it can still be advantageous to use your existing card can have advantages over paying your taxes through your bank account, even if it doesn’t have cash back. Credit cards give you a grace period from when you charge, to when you have to pay. Let’s suppose your card cycles on the eleventh of the month, so you pay your taxes on April 12. The next cycle ends on May 11 and your payment is due on June 11. That’s two extra months to hang onto your money and not incur any interest.

Considering a New Card Instead?

There are a lot of options out there, so you’ll want to think about which one would be most financially beneficial. Here’s an example: The Chase Sapphire Preferred card (read our review here) offers a 50,000 point signup bonus if you spend $4,000 in the first three months.

So, let’s suppose you have a $5,000 tax bill. After factoring in the fee, you spent $5,093.50, and you have 55,093 points available. If you cash out your points, you earn $550.93, a profit of $457.43. Not bad for a bill you were required to pay anyway. (It’s worth noting that this particular card does have a $95 annual fee, which is waived for the first year.)

If you plan to travel, then your rewards could be redeemed for a bit more. When you use your Chase rewards points to book airfare, hotels, car rentals or a handful of other travel expenses, you get a 25% bonus. So that $550.93 actually turns into $688.66 toward travel expenses booked through the Chase Ultimate Rewards portal. In other words, you’ve just paid for a plane ticket to just about anywhere in the U.S. (Have a Chase rewards card? Check out these three hacks for using the Chase Ultimate Rewards program.)

Can’t Pay the Card Off Right Away?

Now, if you can’t afford to pay off the balance of your tax bill right away, the above is moot. Here’s why: There’s no introductory 0% APR on balance transfers or new purchases with the Chase Sapphire Preferred, or many cards like it, so unless you can pay it off right away, you’re going to incur interest on that balance. This particular Chase card comes with a variable APR of 16.49% to 23.49% based on your creditworthiness, which would quickly offset any rewards you may earn.

If you can’t afford to pay your taxes right away, but you’re set on using your tax bill to net some nice rewards, there are some cards that offer a 0% APR on new purchases that can also give you some nice rewards, like the Discover it card.

The Discover it card (read our review here) comes with an introductory 0% APR on purchases and balance transfers for the first 14 months. After the introductory period is over the APR will change to a variable 11.49% to 23.49%. When you use the Discover it card to pay your taxes, you will receive 1% cash back. Additionally, Discover will match all cash back earned for the first 12 months. That means, sticking with the $5,000 tax bill, the overall cost would be $5,093.50. Including the cash back match, you would earn $100 in cash back, making your overall profit $6.50. While this isn’t a lot of money, you were also given up to 14 months to pay off your bill without accruing interest, which may be an even bigger reward for some people.

At publishing time, the Discover it card is offered through Credit.com product pages, and Credit.com is compensated if our users apply and ultimately sign up for this card. However, this relationship does not result in any preferential editorial treatment. This content is not provided by the card issuer(s). Any opinions expressed are those of Credit.com alone, and have not been reviewed, approved or otherwise endorsed by the issuer(s).

Image: sturti

The post Can I Pay My Taxes With a Credit Card? appeared first on Credit.com.

5 New Hilton Hotels You Can Visit in 2017 for Free

If you've got enough Hilton Honors points, you can spend a night free in Hilton properties worldwide. Here are the newest places to stay using your points.

When is the last time you found time to get away and enjoy a vacation? If you had to stop and think, that is the perfect sign it’s time to book your next trip. And if you have a stockpile of Hilton Honors points, you might want to check out of these recently opened or upcoming Hilton hotels. You may have enough for a free night at some of these great new hotels. (Not a loyal Hilton visitor? You can check out hotel stay hacks at Hyatt properties here.)

1. Hilton Brooklyn New York

If you are heading to New York City, consider a stay at Hilton Brooklyn New York. Located in the heart of Brooklyn, you will be close to the Barclays Center if you are visiting during the season when you can catch a Brooklyn Nets game (or one of the other countless events at the arena). You will also have easy access to the Brooklyn Bridge to get into Manhattan.

Booking a room at the Hilton Brooklyn New York on June 16, 2017, would start at 65,000 points per night.

2. Miramonte Indian Wells Resort & Spa, California

If you’re after relaxation, a trip to Palm Springs and a stay at the Miramonte Indian Wells Resort & Spa may be a perfect choice. Part of Hilton’s Curio Collection, this resort has quickly become known for its 12,000-square-foot Well Spa. Conde Nast Traveler has rated it one of their top-100 resort spas in the world. Plus, you will want to make sure you reserve a table at the Grove Artisan Kitchen to enjoy their farm-to-table cuisine.

A search for rooms at Miramonte Indian Wells Resort & Spa for July 7, 2017, showed rooms starting at 41,000 points per night. Award rates at this property tend to be lower during the summer than the winter.

3. Conrad Bora Bora Nui, French Polynesia

Bora Bora is a destination many people dream about visiting. If you are lucky enough to do so, make sure you check out the Conrad Bora Bora Nui. This property, which recently reopened, had been the Hilton Bora Bora Nui until Conrad took over and renovated. During your stay, you will have four different restaurants to choose from, including an overwater lounge.

A search for rooms at the Conrad Bora Bora Nui for Nov. 10, 2017, shows rooms going for 266,000 points per night.

4. Hilton Sanquingshan Resort, China

You will find the new Hilton Sanquingshan Resort in China’s Mount Sanquin National Park. Inside you can enjoy modern and traditional Chinese architecture and a meal in one of three restaurants. The resort is within walking distance of a cable car that takes you to the top of Mount Sanquin.

We searched for rooms at the Hilton Sanquingshan Resort for May 26, 2017 and they started at 10,000 points per night.

5. Waldorf Astoria Beverly Hills, California

The Waldorf Astoria is one of Hilton’s iconic brands, and starting in June 2017 you have the chance to stay at the Waldorf Astoria Beverly Hills. This hotel will have 170 rooms, including 51 with oversized balconies. During your stay, do not miss the chance the enjoy a meal at the hotel restaurant. It will feature Michelin-star chef, Jean-Georges Vongerichten.

A search for rooms at the Waldorf Astoria Beverly Hills for July 21, 2017 showed rates starting at 344,000 points per night.

Earning Hilton Honors Points

Anyone looking to boost the balance on their Hilton Honors account will be excited to see the abundance of credit cards offered. You can choose from Citi Hilton HHonors Reserve card, Hilton Honors Surpass Card from American Express, Citi Hilton HHonors Visa Signature card and the Hilton Honors Card from American Express.

Of the four options, our favorite is the Citi Hilton HHonors Visa Signature Card. Not only does it give you excellent earning potential, but it also comes with no annual fee. When you sign up you receive 75,000 Hilton Honors points after spending $2,000 in the first three months. When you use your card at Hilton Hotels, you receive six points per dollar. Additionally, you can earn three times points when you use the card at grocery stores, drugstores and gas stations. All other purchases earn one point per dollar.

Each year that you spend at least $1,000 at Hilton hotels, you receive a 10,000-point bonus. Plus, as a cardholder, you automatically receive silver status. This gives you a 15% bonus on your earnings, your fifth night free on Hilton stays and more. On top of that, if you spend $20,000 or more in a calendar year, or have four stays within 90 days of opening your account, you will be upgraded to gold status. You’ll need excellent credit for the Hilton HHonors Visa Signature Card, so be sure to check your scores before you apply. To get an idea of your chances of qualifying, you can view two of your scores free, updated every two weeks, on Credit.com.

Changes to the Hilton Honors Program

Hilton has made three changes Honors program, taking effect summer 2017, that may make it more attractive to travelers. (You can get ideas for how to save for your next big adventure here.)

Points & Money: Instead of only being able to book Hilton hotel rooms with points or cash, you can now book with points and any amount of cash. The more points you pay for a room, the less it will cost in cash.

Pooling Points: By April 2017, you will have the opportunity to share your points with family members so you can reach a reward night faster.

Amazon Shop With Points: In July 2017, you will be able to use your Hilton points to shop on Amazon.com.

To go along with these three features that are being added for every Hilton Honors member, Diamond reward members will have the opportunity to bank their elite status. If you are planning a life change, like a new job, an addition to the family or something else that will cause you to not requalify for elite status, then you will have the chance to extend your existing status once by a period of one year.

Image: Geber86

Note: It’s important to remember that interest rates, fees and terms for credit cards, loans and other financial products frequently change. As a result, rates, fees and terms for credit cards, loans and other financial products cited in these articles may have changed since the date of publication. Please be sure to verify current rates, fees and terms with credit card issuers, banks or other financial institutions directly.

At publishing time, the Citi Hilton HHonors Reserve Card, Hilton Honors Surpass Card from American Express, Citi Hilton Honors Visa Signature Card and the Hilton Honors Card from American Express are offered through Credit.com product pages, and Credit.com is compensated if our users apply and ultimately sign up for this card. However, this relationship does not result in any preferential editorial treatment. This content is not provided by the card issuer(s). Any opinions expressed are those of Credit.com alone, and have not been reviewed, approved or otherwise endorsed by the issuer(s).

The post 5 New Hilton Hotels You Can Visit in 2017 for Free appeared first on Credit.com.

4 Ways to Get Max Value From Discover Cash Back Rewards

Discover has a generous and flexible cash-back program. Here's how you can make the most of it.

There are a lot of cash back rewards programs out there so it’s important to compare them and have a full understanding of what they each offer to make sure you find the one that is right for you.

With that in mind, we thought we’d break down what the Discover Cash Back Rewards program entails, give you some insights into a few ways to use the Discover cash back program so you get the most for your rewards and mention some of the cards that offer this rewards program. (Comparing cards and looking for more rewards program breakdowns? You can see six hacks for using the Citi ThankYou points program here.)

1. Cash or Statement Credit

Redeeming for cash or a statement credit is one of the easiest ways to get value through the Discover cash back program. There is no threshold for how much you have to earn before you cash out. Meaning, if you’ve only earned $5, you can cash out for $5 or you can wait until you have $100. You can apply the funds to your next statement, or transfer them to a bank account of your choice.

2. Gift Cards

One of the more interesting ways to use your cash back rewards from Discover is to receive gift cards. These gift cards can be from retail establishments, restaurants and gas stations. But what makes this an interesting option is that you receive $5 added to each gift card for free. While you might redeem $40 in cash back rewards, you could receive a gift card worth $45. Most of the gift cards come in the form of a physical card, which means you could have to wait up to 10 days before your card arrives. However, you can also receive eCertificates. These can be downloaded to your computer or on the Discover mobile app and used immediately.

3. Pay With Points

Discover has a relationship with Amazon that allows consumers to make purchases on Amazon.com and use their cash back to help cover the cost. It’s important to note that there is no value added when using your cash back on Amazon. One dollar in cash back equals one dollar on Amazon. Because of this, it may make more sense to pay for your Amazon purchase with a credit card, earn the additional rewards and then apply a statement credit toward the expense.

Earlier this year, Discover also announced an agreement with PayPal allowing cardholders to use cash back rewards on any purchase where PayPal is used. While this option has not gone live as of post time, it is expected to work the same way as the Amazon partnership.

4. Donate to Charity

While you will not earn anything extra, value wise, here, you have the option to help others and donate your cash back rewards to charity. Partners include the American Cancer Society, World Wildlife Fund and the American Red Cross. This can be a good option if you’re looking to donate money to one of these charities anyway, or if you’re simply in the giving spirit.

Earning Discover Cash Back Rewards

There a few cards that let you earn Discover cash back rewards. Let’s take a look at some of them. (Note: Most of the cards listed below require decent credit to qualify. Before you apply, you can check two of your credit scores for free on Credit.com so you can get an idea of if you’ll be eligible for the card you’re considering or not.)

Discover it Card

Anyone looking for a generous cash back card, without an annual fee, may want to have the Discover it card on their list of considerations. With this card, you can earn 5% cash back on rotating categories each quarter. One quarter it might be at gas stations and movie theaters, and the next it might be restaurants and groceries stores. There is a limit of $1,500 in purchases each quarter that earn 5% back. All other purchases made with the card receive 1% back. Plus, Discover matches everything you earn with this card for the first 12 billing cycles. That means if you earn $200 in cash back rewards, you actually receive $400. This card comes with an introductory 0% APR for 14 months on purchases and balance transfers. Afterward, the APR rises to a variable 11.49% to 23.49%.

Discover it Chrome Gas & Restaurant Card

If a lot of your monthly spending is focused on gas and restaurants, then the no-annual-fee Discover it Chrome Gas and Restaurants card could be a good option. With this card, you earn 2% cash back on up to $1,000 each quarter on combined purchases at gas stations and restaurants. All other purchase made receive 1% back. Just like the Discover it card, Discover matches all your earnings during the first year as a cardholder. This card also offers an introductory 0% APR for 14 months on purchases and balance transfers. Afterward, the APR becomes a variable 11.49% to 23.49%.

Discover it Student Card

The Discover it Student card works a lot like the standard Discover it card. You earn 5% cash back on rotating categories each quarter. Plus, all other purchases earn 1% back, with Discover matching your earnings during the first year. With this card, students get rewarded for earning good grades. Each year you earn a GPA of 3.0 or higher, you receive a $20 bonus cash back reward. This card comes with no annual fee and has an introductory 0% APR for six months on purchases. After the introductory period, the APR becomes a variable 13.49% to 22.49%.

Discover it Secured Card

If you’re attempting to rebuild your credit, or are new to the world of credit entirely, the Discover it Secured card might be an option worth considering. This card is a little different than most secured cards because it allows you to earn cash back while you build a better credit history. You earn 2% cash back on up to $1,000 in combined purchases at restaurants and gas stations each quarter. All other purchases earn 1% back. Plus, like all other Discover cards, Discover matches your earnings the first year. There is no annual fee for this card. The APR is a variable 23.49%. (You can learn more about secured credit cards here.)

Image: PeopleImages

At publishing time, the Discover it, Discover it Chrome, Discover it Student Card and Discover it Secured Card are offered through Credit.com product pages, and Credit.com is compensated if our users apply and ultimately sign up for this card. However, this relationship does not result in any preferential editorial treatment. This content is not provided by the card issuer(s). Any opinions expressed are those of Credit.com alone, and have not been reviewed, approved or otherwise endorsed by the issuer(s).

The post 4 Ways to Get Max Value From Discover Cash Back Rewards appeared first on Credit.com.

Financing a DIY Remodel Project? Here’s How Home Depot & Lowe’s May Help

Home Depot and Lowe's both offer ways to finance home improvement projects. Here's how to pick between them.

Now that spring is here, you might be thinking about tackling home improvement projects. Whether it’s a new deck or a remodel of your kitchen, you’ll need to figure out how to pay for the work. And if you’re taking on these projects yourself instead of hiring a contractor, you may be headed to your local hardware store.

If you’re debating between Home Depot or Lowe’s for supplies, perhaps considering their different financing options may help in your decision-making process. (Before you look for financing options, it’s a good idea to take a look at your credit to see how it’s doing and what terms and conditions you may qualify for. You can check two of your credit scores for free on Credit.com.)

Home Depot Consumer Credit Card

With the Home Depot consumer credit card (which you can read a full review of here), you will receive 0% financing for six months on any purchase of $299 or more. After the promotional period ends, the annual percentage rate (APR) will change to a variable rate of 17.99%, 21.99%, 25.99% or 26.99%, depending on your creditworthiness. There is no annual fee with this card, but it charges deferred interest, calculated from the purchase date if you don’t pay your balance in full by the end of the promotional period.

Home Depot Project Loan

If you need a longer window to pay off your project, especially if you’re doing a large project (think projects like entire room remodels or additions), a Home Depot project loan could be another option. You can borrow up to $55,000 and have up to 84 months to pay off the loan. The first six months are considered a purchasing period during which you only pay interest on the amount borrowed, based on a 7.99% APR. The APR stays the same after this introductory period, but you’ll start to pay off the balance in monthly installments as well.

Why You Might Choose Home Depot Financing

The options at Home Depot and Lowe’s are similar, but there are key differences that could push you in either direction, depending on your preferences. With the Home Depot consumer credit card, there will be times throughout the year when Home Depot offers extended promotional financing beyond the standard six months. Some offers could be as long as 24 months. If you make your purchase during this period, you’ll have more time to pay for your project with no interest.

Lowe’s Consumer Credit Card

When using the Lowe’s consumer credit card there are a few options. You can either elect to receive a 5% discount on your purchase or special financing on purchases of $299 or more. One special financing option is to receive 0% APR for six months. If you go this route you will be charge deferred interest if the balance is not paid by the end of the six-month period. If you think you will need more time, you can choose to borrow for up to 84 months with a fixed 7.99% APR. Just be aware that if you take advantage of the special financing offers, you will not be able to receive the 5% off offer as well.

Why You Might Choose Lowe’s Financing

If you don’t need special financing and just want a discount, the Lowe’s consumer credit card might be the best choice. Because you can earn 5% off every purchase, the overall cost of your project could be considerably reduced.

Alternatives to Home Depot or Lowe’s Financing

If you want to earn rewards for your purchases or extend the 0% APR period, you might want to consider a credit card instead. Here are a couple of options.

Chase Freedom Card

This card allows you to earn rewards on purchases and offers an introductory 0% APR for 15 months on purchases and balance transfers. After the introductory period, the APR will change to a variable 15.49% to 24.24%. When you sign up for the card, you receive a $150 bonus after you spend $500 within the first three months. The card also comes with rotating 5% cash back categories each quarter. There is a limit of $1,500 per quarter on bonuses, which typically include home improvement stores once a year. All other purchases earn 1% back. This card comes with no annual fee.

Citi Simplicity

If you want to boost the time you have to pay off your home improvement project, the Citi Simplicity card might be an option. (Full Disclosure: Citibank and Chase advertise on Credit.com, but that results in no preferential editorial treatment.) With this card, you receive an introductory 0% APR for 21 months on purchases and balance transfers. Once the introductory period is over, the APR changes to a variable 14.24% to 24.24%. This card also comes with no annual fee and will not charge a late fee.

Looking for more ways to spruce up your house? Check out our annual homeowner to-do list.

Image: andresr

At publishing time, the Chase Freedom and City Simplicity cards are offered through Credit.com product pages, and Credit.com is compensated if our users apply and ultimately sign up for this card. However, this relationship does not result in any preferential editorial treatment. This content is not provided by the card issuer(s). Any opinions expressed are those of Credit.com alone, and have not been reviewed, approved or otherwise endorsed by the issuer(s).

The post Financing a DIY Remodel Project? Here’s How Home Depot & Lowe’s May Help appeared first on Credit.com.

6 Hacks for Using the Citi ThankYou Points Program

Here's how to get the most out of your Citi rewards credit card points.

If you surveyed a group of people about credit cards, it’s likely they would say pretty much the same thing: Their favorite cards are part of a transferable points program. That’s because these cards tend to have the most flexibility when it comes to redeeming rewards. One of these programs is Citi ThankYou. (Full Disclosure: Citibank advertises on Credit.com, but that results in no preferential editorial treatment.)

Over the past several years, Citi has made several changes to the ThankYou program to help it keep up with Chase Ultimate Rewards and Amex Membership Rewards. Two of the most noticeable changes are the selection of credit cards that allow you to earn ThankYou points and the airline transfer partners. Let’s take a look at how you can hack your Citi ThankYou points for maximum value.

1. Transfer Points to Loyalty Partners

One area where the Citi ThankYou program has improved over the past couple of years is with the quality of transfer partners. Unless noted below all partners transfer at a 1:1 ratio.

  • Jetblue (1,000:500)
  • Cathay Pacific
  • Etihad
  • Eva Air
  • Air France/KLM
  • Garuda Indonesia
  • Malaysia Airlines
  • Quantas
  • Qatar Airways
  • Singapore Airlines
  • Thai Airways
  • Virgin Atlantic
  • Hilton (1,000:1,500)

While the list of partners continues to grow, not all of them are a good use of your points. To get the most value, you could redeem points for one of these rewards:

Continental U.S. to Hawaii on Singapore Airlines

From the United States, one of the best uses for Singapore Airlines miles is to fly to Hawaii. One-way flights in coach, business class, and first class cost 17,500, 30,000 and 40,000 miles, respectively. Compare this to United Airlines, which charges 22,500, 40,000 and 50,000 miles.

Air France/KLM Flying Blue Promo Awards

One of the best ways to use Flying Blue miles is to book their promo awards. Each month, they release new promo routes and you can save 20% to 50% off normal redemption rates.

Continental U.S. to Mexico on Air France/KLM Flying Blue

Flying Blue includes Mexico in the same flight region as the United States, which means flights cost only 12,500 miles each way in coach.

TransAtlantic in Singapore Suites

If you’re tired of always flying coach, you can splurge and spend 57,375 Singapore Krisflyer Miles to fly Singapore Suites from New York to Frankfurt, Germany. If you’d like to continue, you can go all the way to Singapore for a total of 93,500 miles. But be warned: Flying in coach might never be the same.

Use Etihad Guest Miles from New York to Brussels in Business Class

Most airlines are part of large alliances or have partner airlines. This is great for consumers because it opens up a lot of options when using your miles. If you know where to look, you can find a lot of value when flying. One of the best ways to fly to Europe is to use Etihad Guest miles to fly Brussels Airlines from New York to Brussels. Traveling round-trip in economy will cost you 21,972 miles and business class will be 36,620 miles. If you want a card that earns you direct airline miles, here are our picks for some of the best airline miles credit cards out there.

2. Book Travel on Citi Travel Center

Another way to use your ThankYou points is to book your travel through the Citi Travel Center. This is where the specific card you have will dictate the value you receive. If you have a Citi ThankYou Premier card you can redeem your points for 1.25 cents each. Through July 23, those with a Citi ThankYou Prestige card can redeem points on American Airlines for 1.6 cents each and on all other airlines for 1.33 cents. Afterward, redemptions are 1.33 cents on all airlines. For any card that is not Premier or Prestige, you can book travel at just 1 cent per point.

3. Redeem for Cash

You can redeem your points for cash, but this is a pretty weak valuation. You will only receive 0.5 cents per point, but…

4. Pay Your Mortgage or Student Loans

You’ll receive 1 cent of value when you use your points to pay off your mortgage or student loans.

5. Shopping With Points

Citi has partnered with several retailers, making it possible to shop with your points. However, values fluctuate from 0.6 cents to around 1 cent per point, so unless it’s necessary for you to redeem through shopping, there are better ways to redeem points.

6. Gift Cards

Finally, you can also redeem your points for gift cards for select retailers and restaurants. Most of the time you will be able to receive 1 cent per point with this method.

Earning Citi ThankYou Points

Earning Citi ThankYou points is fairly simple. You can use one of a few different Citi credit cards or have select Citi banking products.

Citi Prestige

When you sign up for the Citi Prestige card, you receive 40,000 ThankYou points after spending $4,000 in the first three months. Then, when you use your card for airfare or hotels, you receive 3 points per dollar. You will also receive 2 points per dollar spent at restaurants and on entertainment. Any other purchase made will earn 1 points per dollar. This card has a steep $450 annual fee, but you will receive several travel benefits, including a $250 air travel credit, which you can use for airfare, upgrades, baggage fees and more. You will also receive a $100 statement credit to cover the cost of either Global Entry or TSA Precheck. If that’s not enough, you also receive your fourth night free when booking hotels through Citi Prestige Concierge. Plus, you can travel in comfort knowing you have complimentary access to more than 900 Priority Pass Select airport lounges.

Keep in mind before signing up for this or any rewards card that your credit will need to be in very good shape to qualify. If you’re not sure where your credit stands you can get your two free credit scores, updated every 14 days, right here on Credit.com.

Citi ThankYou Premier

With the Citi ThankYou Premier card, you receive 30,000 ThankYou points after signing up and spending $3,000 in the first three months. You then earn 3 points per dollar spent on travel expenses, which includes gas. Plus, you can earn 2x points when you use your card at restaurants and on entertainment. All other purchases will earn 1x points. There is a $95 annual fee, which is waived for the first year.

Citi ThankYou Preferred

If you prefer a card with no annual fee, then the Citi ThankYou Preferred card might be the best fit. You will earn 15,000 ThankYou points after signing up and spending $1,000 in the first three months. When you use this card at restaurants and on entertainment, you receive 2x points. All other purchases earn 1x points. This card also has an introductory 0% APR on purchases and balance transfers.

Citi ThankYou Preferred Card for College Students

If you’re a college student you can also earn ThankYou points with the Citi ThankYou Preferred card for College Students. With this card, you will earn 2,500 ThankYou points after spending $500 within the first three months. When you use your card at restaurants and on entertainment, you receive 2x points. All other purchases receive 1x points. After signing up for this card you receive an introductory 0% APR for the first seven months on purchases. There is no annual fee to carry this card.

Citi Banking Accounts

While you won’t be able to earn a huge number of points through this method, you can take advantage of the banking relationships you have with Citi. Depending on the product, you could earn up to 19,200 points per year.

Image: freemixer

At publishing time, the Citi Prestige, Citi ThankYou Premier, Citi ThankYou Preferred and Citi ThankYou Preferred for College Students cards are offered through Credit.com product pages, and Credit.com is compensated if our users apply and ultimately sign up for this card. However, this relationship does not result in any preferential editorial treatment. This content is not provided by the card issuer(s). Any opinions expressed are those of Credit.com alone, and have not been reviewed, approved or otherwise endorsed by the issuer(s).

 

 

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5 New Hyatt Hotels You Can Visit in 2017 for Free

These five Hyatt Hotels are brand new and waiting for you to visit!

If you have been trying to figure out your next vacation destination, it’s understandable that you might be a little overwhelmed. There are so many amazing places around the world to experience.

If you prefer to stay at Hyatt hotels, we put together a list of five new properties, in highly sought-after locations, that you can visit with your points in 2017.

1. Park Hyatt Bangkok

If you are thinking about heading to Asia, then a great option would be Thailand and the much-anticipated Park Hyatt Bangkok. This property was originally scheduled to open a few years ago, but delays set it back. Now it will officially open in May 2017.

This hotel is located in the upscale Lumpini district in the embassy complex. In addition to over 200 rooms, it will also have a sprawling rooftop area called the Penthouse Bar and Grill. This will include a restaurant and a speakeasy bar. You will also find a fine dining restaurant and lounge on the main level.

This will be a category 5 property, costing 20,000 points per night.

2. Hyatt House Chelsea

Heading to New York City this summer? How about a stay at the Hyatt House Chelsea? This hotel is located just blocks away from Madison Square Garden, plus it’s within walking distance of the Chelsea Garment District. To make your stay a little more comfortable, you can choose from either standard studio hotel rooms or residential suites with kitchens. This is perfect if you are planning a longer extended vacation.

The Hyatt House Chelsea is a category 5 property, requiring 20,000 points per night.

3. Hyatt Regency Cartagena

For a long time, Colombia was tarnished by the image of drugs and criminal activity. Today, most of the problems have been eliminated and the country is turning into a hotspot for tourism.

One of the most popular draws to Colombia beyond Bogotá is Cartagena. This coastal city is rich with history and amazing food. It’s also home to the brand-new Hyatt Regency Cartegena, the first Hyatt property in Colombia. It’s located right by the beach and easily accessible to Categena’s Old Town.

The Hyatt Regency Cartagena is a category 2 property, requiring just 8,000 points per night.

4. Andaz Scottsdale Resort & Spa

If you are planning a getaway for some golf and a spa day, then a great destination is the Andaz Scottsdale Resort and Spa, in Arizona. Guest rooms have a bungalow feel to them, plus you will be able to enjoy one of the three different pools or the Palo Verde Spa & Apothecary. But the best part is the property’s mountain backdrop.

The Andaz Scottsdale Resort and Spa is a category 5 property, requiring 20,000 points per night.

5. Hyatt Centric Waikiki Beach 

If a Hawaii vacation is calling your name, then make sure you make a stop at the Hyatt Centric Waikiki Beach. This is the latest addition to the Hyatt Centric brand, located right on Waikiki Beach. After a long hike up Diamond Head Trail, you can come back and relax by the pool in one of the private cabanas.

The Hyatt Centric Waikiki Beach is a category 5 property, requiring 20,000 points per night.

Earning Free Nights With Hyatt

One of the best ways for someone to earn points and eventually free nights with Hyatt is through the Hyatt Credit Card. When you sign up you will receive two free nights at any property worldwide after spending $2,000 in the first three months. If you choose to add an authorized user to your account, you will receive 5,000 points after they make their first purchases within three months. (You can learn more about the ins and outs of adding an authorized user here.)

When using this card for purchases at Hyatt hotels, you will receive three points. You will also receive two points at restaurants and on airfare booked directly through the airlines. All other purchases will receive one point.

This card does come with an annual fee of $75, but you will receive a free night at any category 1 to 4 property on your anniversary. (Not sure if the fee is worth it? Check out our guide to annual fees to help you decide.) Plus, if you are planning to visit one of the international destinations we mentioned, there are no foreign transaction fees.

Remember, before applying for this or any credit card, it’s a good idea to check your credit scores to confirm that you qualify. You can get your two free credit reports, updated every 14 days, right here on Credit.com.

Want more hotel stay hacks? Check out our hacks for free nights at Marriott hotels.

Image: andresr

 

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3 Hacks for Using the Chase Ultimate Rewards Program

The Chase Ultimate Rewards Program is one of the most flexible out there. Check out these cool ways of using your points.

If you have a Chase credit card, or are considering getting one, you’ve likely heard of the Chase Ultimate Reward program. There are several rewards credit cards in the Chase repertoire (more on those in a minute) and, while they may have different reward structures, the reward program is the same. No matter which Ultimate Rewards eligible card you have, you may want to consider these three hacks to help you use your points in the way that benefits you the most. (Note: Before you apply for any of these cards, make sure your credit scores are high enough to qualify. You can check two of your scores free, updated every 14 days, on Credit.com.)

1. Transferring Ultimate Reward Points to Loyalty Partners

One of the most popular uses for Ultimate Reward points is being able to transfer them directly to one of the many airline and hotel partners. All of their partners give you the ability to move points one-to-one. Partners you can choose from include:

  • United Airlines
  • Southwest Airlines
  • British Airways
  • Korean Air
  • Virgin Atlantic
  • Singapore Airlines
  • Air France / KLM
  • Hyatt
  • IHG
  • Marriott
  • Ritz-Carlton

Each of these partners has its own sweet spot, which is what makes them all so special. Southwest Airlines, for example, may run a $39 fare sale, which make it possible to book one-way flights for less than 3,000 points. If you’re planning a trip to Hawaii then transferring your miles to Korean Air is a great option. Korean Air, which only requires 25,000 Korean Air Skypass miles to book a round-trip economy ticket to Hawaii from North America.

2. Using the Chase Ultimate Rewards Portal to Book Travel

Another way to use your Ultimate Reward points is to book your travel directly through the Ultimate Rewards portal. You can book airfare, hotels or other excursions. The actual value you receive depends on the card you have. For example, if you have the Chase Sapphire Reserve card you will receive a 50% bonus when booking your travel through the Ultimate Rewards portal. That means 50,000 points would be worth $750 toward travel. If you have any of the other Ultimate Reward earning cards, the bonus is 25%. That would make 50,000 points worth $625 of travel.

3. Redeeming Ultimate Rewards for Cash Back

Another redemption option, but the one offering the least amount of value, is to redeem points for cash back. Each point you redeem would be worth one cent. That means 50,000 points redeemed for cash back would have a value of $500.

Earning Chase Ultimate Reward Points

There are several credit cards that allow you to earn Chase Ultimate Rewards. Let’s look at what each card has to offer.

Chase Sapphire Preferred: When you sign up for the Chase Sapphire Preferred card (read our review here), you can receive 50,000 points after spending $4,000 in the first three months. If you decide to add an authorized user to your account, you can receive an extra 5,000 points. They just need to make a purchase within the first three months. You earn two points per dollar when you use the card on travel expenses and at restaurants. All other purchases earn one point per dollar. This card has an annual fee of $95, which is waived the first year.

Chase Sapphire Reserve: The Chase Sapphire Reserve (read our review here) is Chase’s premium card. When you sign up, you can receive 50,000 Ultimate Reward points after you spend $4,000 in the first three months. You will then receive three points per dollar when you use the card for travel and at restaurants. This card includes a fairly high $450 annual fee, but much of that can be recouped with the travel benefits you receive. To start, you will receive a $300 travel credit that can be used for everything from airfare to baggage fees. You will also receive up to a $100 statement credit when you apply for either Global Entry or TSA PreCheck. So that you can relax a little easier while traveling, you will also receive a complimentary Priority Pass Select membership. This will give you access to more than 900 different airport lounges worldwide.

Chase Ink Business Preferred: If you have a small business, you can pick up the Chase Ink Business Preferred card. With this card, you will be able to earn 80,000 points after spending $5,000 within the first three months. You will then be able to earn three points per dollar on the first $150,000 spent each calendar year on travel, shipping, internet, cable and phone services, and on any online advertising that you do through social media and search engines. This card has a $95 annual fee.

Chase Freedom Unlimited: If you have the Chase Freedom Unlimited you will not have the opportunity to earn Ultimate Reward points directly. You will, however, be able to transfer your rewards into Ultimate Reward points if you also carry one of the previously mentioned cards. When you sign up for this card you will receive a $150 bonus after spending $500 in the first three months. This bonus can be transferred into 15,000 Ultimate Reward points. If you’d like to add an authorized user to your account, you will receive an extra $25, or 2,500 points, after they make a purchase in the first three months. You will then receive 1.5% cash back on all purchases you make with the card. This card has no annual fee.

Chase Freedom: The Chase Freedom card is similar to the Chase Freedom Unlimited in that you can’t earn Ultimate Rewards directly. You need to also carry one of the other Ultimate Reward-earning cards and then transfer your points. When you sign up for the Chase Freedom card you will earn a $150 bonus, or 15,000 points, after spending $500 in the first three months. The Chase Freedom card is a little different because it includes rotating categories each quarter, giving you the ability to earn 5% cash back, on up to $1,500 per quarter. One quarter might reward purchases at restaurants and gas stations, and the next it might be department stores and movie theaters. All other purchases that you make will earn 1% back. This card comes with no annual fee. (We think Chase Freedom is one of the best credit card deals around. Check out our other favorites.)

Image: jacoblund

At publishing time, the Chase Freedom and Chase Freedom Unlimited cards are offered through Credit.com product pages, and Credit.com is compensated if our users apply and ultimately sign up for this card. However, this relationship does not result in any preferential editorial treatment. This content is not provided by the card issuer(s). Any opinions expressed are those of Credit.com alone, and have not been reviewed, approved or otherwise endorsed by the issuer(s).

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